Financial insolvency is a rare occurrence in American state and local governments. However, when it does happen, as in the case of Detroit’s historical bankruptcy filing in 2013, the consequences for vital city services, public employees, and taxpayers can be devastating. This essay reviews existing and emerging research on the causes of government fiscal crises, paying particular attention to ...

right of enforcement developed to the right of effective enforcement which both rooted in judicial protection. effective enforcement needs to foresee clear and useful, expeditious and cheap methods that helps the collection of defendant’s financial information and facilitates voluntary enforcement of judgment and finally use of professional and independent persons in execution process. in irani...

This paper examines the financial sector preconditions for the successful development of a high technology sector. It argues that there is a close relation between types of activities undertaken in different countries and their institutional structures. A distinguishing characteristic of the financing of high technology firms is their evolving pattern of control by different investor groups. Wh...

This paper examines the impact of increasingly common congressional committee jurisdictional turf wars on policy outcomes. It develops a theoretical model that shows how legislators balance the benefits of expanded committee jurisdiction against preferred policy outcomes, yielding predictions that are different from the traditional committee-dominance theories. The theory predicts that a) senio...

This paper examines the impact of increasingly common congressional committee jurisdictional turf wars on policy outcomes. It develops a theoretical model that shows how legislators balance the benefits of expanded committee jurisdiction against preferred policy outcomes, yielding predictions that are different from the traditional committee-dominance theories. The theory predicts that a) senio...

Financial protection should be the principal objective of any health system. Commonly used indicators for financial protection are out-of-pocket (OOP) payments as a share of total health expenditure and the amount of households driven into poverty by catastrophic health expenditures (CHEs). In the last decade, OOP health payments consisted of approximately one-fifth of the health finance resour...

BACKGROUND Subsidizing healthcare costs through insurance schemes is crucial to overcome financial barriers to health care and to avoid high medical expenditures for patients in China. The health insurance could decrease financial risk by less out-of-pocket (OOP) payment, but not promise the protection equity. With the growth of New Cooperative Medical Scheme (NCMS) financing and coverage since...

This issue brief describes coverage, cost-sharing, and financial protection for pri-mary care and prescription drugs in Denmark, England, France, Germany, the Netherlands, and Sweden. Very few patients report unmet need for care or find general practitioner care unaffordable. Although none of the six countries spends more than 11 percent of gross domes-tic product on health care, compared with ...

BACKGROUND Excessive healthcare payments can impede access to health services and also disrupt the welfare of households with no financial protection. Health insurance is expected to offer financial protection against health shocks. Ghana began the implementation of its National Health Insurance Scheme (NHIS) in 2004. The NHIS is aimed at removing the financial barrier to healthcare by limiting...